U.S. Sales Pace Ahold Q1 Growth

AMSTERDAM Led by a strong performance by its U.S. banners, Ahold posted a 6.2% increase in net income during the first quarter, the company here said last week. In the U.S., where the company operates the Stop & Shop, Giant-Landover and Giant Carlisle chains, identical sales improved 3.2% excluding fuel, and total sales increased 7.4% to $7.6 billion in the quarter. The gains came amid challenging

AMSTERDAM — Led by a strong performance by its U.S. banners, Ahold posted a 6.2% increase in net income during the first quarter, the company here said last week.

In the U.S., where the company operates the Stop & Shop, Giant-Landover and Giant Carlisle chains, identical sales improved 3.2% excluding fuel, and total sales increased 7.4% to $7.6 billion in the quarter. The gains came amid “challenging mark